No one wants to spend 10,000 of their Altcoins for a Pizza

[paramind22]

This brings up a fundamental problem of altcoins in general...no one who makes pizza is going to want to accept some shitty shitcoin.  Even 10,000 of them.  Not Dominos, Papa John's, Pizza Hut, or any of my local pizza places.  I'd be happy to spend some DOGE or whatever to buy pizza and breadsticks.  Tell Dominos!!

The pizza maker doesn't have to accept altcoins.  I accept the altcoins from the person who trusts me for the deal.  I essentially convert it into fiat in value, and I call the pizza maker and have them deliver a person to that person's snail mail address.

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[JeffBrad12]

This brings up a fundamental problem of altcoins in general...no one who makes pizza is going to want to accept some shitty shitcoin.  Even 10,000 of them.  Not Dominos, Papa John's, Pizza Hut, or any of my local pizza places.  I'd be happy to spend some DOGE or whatever to buy pizza and breadsticks.  Tell Dominos!!

The pizza maker doesn't have to accept altcoins.  I accept the altcoins from the person who trusts me for the deal.  I essentially convert it into fiat in value, and I call the pizza maker and have them deliver a person to that person's snail mail address.

You mean about to be a middleman between of them? It is too far from speculation about spend the direct to the pizza maker.

[shanem]

Now there are many cryptocurrencies compared to 2010. Unless the pizza seller is trading with his friend, I don't see any reason why he/she will accept altcoins when he/she can accept cash or bitcoin.
Altcoins are very unstable and the seller will choose not to accept them unlike 6 years ago when there are only a few coins.

[RoommateAgreement]

even if someone wanted to spend 10,000 of their altcoins to buy a pizza like that bitcoin guy who did this once, nobody is going to accept it because even back then you could easily sell your bitcoins to fiat on an exchange and get the money but with altcoins you have to sell to bitcoin then withdraw to another exchange and sell to fiat ....

[fortunecrypto]

Back then,there's only bitcoin and what they did was experimental,the guy is curious on Bitcoin but now with almost 1000 altcoins in the market I doubt if any pizza maker or establishment will accept 10000 doge,or coins worth 5 to 20 sats,but if it's ethereum it's a different story.

[salmanahmedone]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.   

Are we ment to be taking you seriously ? You not making sense son.
It would take 10000 of what to buy a pizza? 10000 bagholders ? That is what ot sounds like you are saying but I think you mean 10000 coins.

So 10000 shitcoin for a pizza ? Ok I'll send you some shitcoin then you go buy a pizza for yourself k ?

You got my point.  The people who have coins that they believe in don't seem to realize that for them to be valuable they have to have
a real world value today.  So, if a Pizza is $15, and their coin is worth .0015, then they need to spend 10,000 of them to buy one.  Not bad
if it took a day mining something for some people.  Then, maybe the next pizza takes 8,000 coins because people are aware that they are
having a value.  In a week, it would take 5,000 coins, and lesser and lesser until a coin is worth much more.

In my humble opinion, not everyone would want to buy pizza or anything with 10,000 coins. They don't want to be the guy who decided to by pizza for 10,000 bitcoin in the coming years.

[Sweetbtc]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.   

Are we ment to be taking you seriously ? You not making sense son.
It would take 10000 of what to buy a pizza? 10000 bagholders ? That is what ot sounds like you are saying but I think you mean 10000 coins.

So 10000 shitcoin for a pizza ? Ok I'll send you some shitcoin then you go buy a pizza for yourself k ?

You got my point.  The people who have coins that they believe in don't seem to realize that for them to be valuable they have to have
a real world value today.  So, if a Pizza is $15, and their coin is worth .0015, then they need to spend 10,000 of them to buy one.  Not bad
if it took a day mining something for some people.  Then, maybe the next pizza takes 8,000 coins because people are aware that they are
having a value.  In a week, it would take 5,000 coins, and lesser and lesser until a coin is worth much more.

Well, may be a whale or the developers of a coin might do it just to create a hype or to get attention of the market.
Lot of artificial pumps available these days